The NCUA board of directors will hold its monthly board meeting next Thursday, March 19, but no regulatory matters will be considered, and no open session will be held.
The state Department of Financial Services issued an alert to its regulated institutions, including state-chartered credit unions, warning about the increased likelihood of cyberattacks originating in Iran. The letter was issued after the Iranian government vowed to retaliate for the death of Qassem Soleimani, a senior official in the Iranian military who was killed in a U.S. airstrike Friday.
A divided NCUA board of directors yesterday voted to approve the agency’s risk-based capital delay. The final rule delay’s the agency’s risk-based capital requirements until 2022.